Author: Monicah W

The post Is Three or Four-Digit XRP Possible?  Here’s What the Math Says appeared first on Coinpedia Fintech News

There’s a lot of talk online about XRP possibly reaching huge price levels like $100, $500, or even $1,000. While that might sound far-fetched at first, some real-world use cases and numbers suggest it may not be so crazy after all.

An X (formerly Twitter) account by the name Stellar Rippler pointed out that XRP was designed to handle fast, low-cost cross-border payments—something the current SWIFT system handles at a rate of about $5 trillion per day. If XRP eventually takes over even 10% of SWIFT’s volume, that’s $500 billion daily. With that kind of flow, XRP’s price could climb to somewhere between $27 and $50.

Another scenario is around Nostro and Vostro accounts, where banks keep about $27 trillion locked up just to settle international payments. If XRP can replace even 5% of this, it could unlock a huge amount of capital, possibly pushing XRP’s price to $80–$100.

Then there’s the possibility that Ripple becomes a licensed bank. If that happens, it could offer lending, custody, and payment services directly—using XRP as its backbone. That kind of shift could easily push XRP over $100.

(9/) Bitcoin went from pennies to $100K+ on narrative alone.
No partnerships. No institutional rails. Just belief.

XRP has real-world utility, banking ties, regulatory positioning, and tech light-years ahead…
And people still think $10+ is a dream?
It’s not a question of if -… pic.twitter.com/gabvDd5sae

— Stellar Rippler (@StellarNews007) May 6, 2025

Ripple is also already working with more than 40 central banks. If XRP becomes the main bridge currency for central banks, big financial groups like the IMF or World Bank might rely on it. If that happens, XRP could climb to the $250–$500 range.

And then there’s the global derivatives market, which is worth over $1 quadrillion. If even a tiny slice—just 0.1%—gets settled through XRP’s network, the price could go over $1,000. That’s no longer just a dream, but a possible future built on utility.

So why isn’t XRP there yet? Legal challenges, regulation delays, and market uncertainty have held it back. But if these barriers clear, the change could happen fast. Bitcoin hit massive prices based purely on belief. XRP combines belief with real-world use, partnerships, and tech that’s already being used. It might not be a question of if XRP climbs, but when.

The post Is Three or Four-Digit XRP Possible?  Here’s What the Math Says appeared first on Coinpedia Fintech News
There’s a lot of talk online about XRP possibly reaching huge price levels like $100, $500, or even $1,000. While that might sound far-fetched at first, some real-world use cases and numbers suggest it may not be so crazy after all. An X (formerly Twitter) account by the name Stellar Rippler pointed out that XRP …

XRP price has shot up nearly 5% in the past 12 hours in response to the US-China trade deal. Apart from Ripple the altcoins and the broader crypto markets are taking off. Bitcoin (BTC) price has surpassed the $97,000 threshold with Ethereum and others up 2%.

Currently, XRP price stands at $2.16, hinting at a potential breakout rally if the bullish sentiments sustain. As the token goes up, let’s explore the bullish factors supporting its upside potential.

XRP Price Nears Channel Breakout as U.S.-China Trade Deal Develops

With a near 2% rise, XRP is at $2.16. However, the bullish trend faces critical resistance from the overhead trend line and the 50 and 100 EMA lines. Furthermore, the MACD and signal lines have recently given a negative crossover. 

With multiple technical setbacks, the short-term surge in bullish momentum must surpass the overhead obstacles to sustain a bullish ride. However, the overnight surge has concluded the four-day downfall streak in the XRP price trend. This increases the possibility of a price jump in XRP.

As per the trend-based Fibonacci level, the potential breakout of the 100-EMA line at $2.21 will likely propel the XRP price to the 23.60% level at $2.45. On the flip side, the 200 EMA line at $1.9978 is a strong support for the XRP price. 

The sudden reversal and increased bullish sentiments in Ripple’s XRP come before the anticipation of a U.S.-China trade deal meeting in Switzerland.

A Way Ahead in the U.S.-China Trade Deal 

In a recent interview, Scott Bessent, the 79th U.S. Treasury Secretary, revealed a key upcoming discussion between the U.S. and China in Switzerland over the coming weekend. Scott Bessent revealed his plan to visit Switzerland to discuss trade deals with the Swiss. Chinese delegates, presently on a visit to Europe, are willing to discuss a potential way ahead in trade deals. Bessent said, 

“The world has been coming to the U.S., and China has been the missing piece. We will meet on Saturday and Sunday to discuss our shared interests.”

Bessent adds that the current tariffs and trade barriers are unsustainable, but we don’t want to decouple. The treasury secretary further added that tariffs and other barriers are coming down as the world starts to renegotiate. “We are bringing strategic industries back home, from steel to semiconductors to medicine, and Americans will get a better deal.”

With the news, the NASDAQ 100 and S&P 500 registered a near 1% jump despite a weaker opening. This reflects the sudden optimism spike in the US markets. 

China’s MOFCOM Confirms The Meeting in Switzerland

In a news release, China’s Ministry of Commerce, MOFCOM, has confirmed the news that Vice Premier He Lifeng will visit Switzerland. The vice premier will be a Chinese representative for the China-U.S. Economic and Trade Affairs. During his visit to Switzerland, he will meet the U.S. Treasury Secretary Scott Bessent. 

The news release also states, “China has carefully evaluated these messages, taking into full account global expectations, China’s own interests, and the appeals of American businesses and consumers. China has decided to engage with the U.S. side.”

The development in the US-China trade deal discussion has pumped up the US and crypto markets alike. Bitcoin is up by nearly 3%. Similarly, altcoins like Ethereum witnessed more than 1.50%, and it has fueled Ripple’s XRP token surge of 1.85%.

Conclusion

The XRP price surges as the global trade war witnesses the two rivals coming back to talking terms. This could result in a key pivot point for global markets and risk assets like crypto.

The post Why is the XRP Price Up Today? appeared first on CoinGape.

Metaplanet, popular as Japan’s MicroStrategy, announced its decision to issue its 13th Series of Ordinary Bonds, and raise a total of $25 million for fresh Bitcoin purchases. Through its EVO FUND, the company has been periodically issuing bonds by drawing a leaf from Michael Saylor’s Bitcoin playbook. The announcement led to a quick 12% surge in the stock price during today’s trading session, moving closer to 500 JPY.

Metaplanet Prepares for Massive Bitcoin Purchases

Via its ordinary bonds, Japanese firm Metaplanet announced raising $25 million at 0% earmarked for the acquisition of Bitcoin. Redemption of the bonds will be funded through proceeds generated from the exercise of the 15th to 17th Series of Stock Acquisition Rights, reported the firm.

Furthermore, company CEO Simon Gerovich announced the company’s latest Bitcoin acquisition, revealing the purchase of 555 BTC for approximately $53.4 million at an average price of $96,134 per coin.

This addition brings the firm’s total Bitcoin holdings to 5,555 BTC, acquired at a cumulative cost of around $481.5 million, averaging $86,672 per Bitcoin. Since the beginning of 2025, Metaplanet has been on an aggressive BTC acquisition spree, moving fast and close to its target of having 10,000 BTC in treasury by the end of 2026.

Additionally, the firm is quick in its overseas expansion, opening a Miami office last week. Today’s announcement of Bitcoin purchases has led to a 12% surge in the Metaplanet stock price, which is already up by 33% since the beginning of 2025.

Story is developing further

The post Metaplanet Stock Shoots 12% After $25 Bitcoin Acquisition Plan appeared first on CoinGape.

Dogecoin (DOGE) price has reclaimed the $0.17 mark after a 6% rally overnight. This positive development is a result of China announcing it is open to negotiating a trade deal with the U.S. in Switzerland this weekend.

Dogecoin is on the verge of catalyzing a breakout from the falling wedge pattern. Additionally, DOGE’s bullish tailwinds, such as rising Dogecoin open interest and short liquidation risks, support the chances of a $0.20 breakout this week.

Dogecoin Price Jump Teases Wedge Breakout Rally

Dogecoin tries to witness a sudden turnaround after creating a 24-hour low near $0.1641. However, with a V-shaped reversal, Dogecoin makes a bullish comeback. 

Trapped within a falling wedge pattern in the 4-hour chart, Dogecoin is making a positive turnaround within the pattern. The pattern has been formed over the past two weeks as the DOGE price trend contracts. 

The swing lows, starting from April 2022, construct the lower boundary line, and the bullish peaks on April 26 and May 2 generate the resistance trend line.

At present, Dogecoin shows a bullish struggle to overcome the 200 EMA line close to the 61.80% Fibonacci level at $0.1729. With a higher price rejection, Dogecoin struggles to make its fourth consecutive bullish candle. 

Nevertheless, the positive cycle has begun within the following wedge pattern, hinting at a potential retest of the overhead ceiling. The sudden recovery has limited the chances of a death cross event between the 50 and 200 EMA lines. 

Furthermore, the MACD and signal lines have given a positive crossover, hinting at a trend reversal. The Dogecoin price prediction of the falling wedge breakout anticipates a jump to the $0.20 psychological mark. 

Notably, the growing bullish sentiments around Dogecoin could extend the uptrend. The Fibonacci levels paint the next potential price targets at $0.2299 and $0.2673.

U.S.-China Trade Meet and Post-FOMC Clarity Could Pump DOGE Prices

The upcoming US-China meeting on Sunday to renegotiate the trade deals and high tariffs has boosted the sentiment in the US markets. This has fueled the recovery run in top altcoins, fueling the memecoin rally. 

If the counterparties can renegotiate the trading terms, a recovery in global and crypto markets is possible. This might pump Dogecoin beyond the $0.20 mark. Furthermore, the broader market anticipates the FOMC meeting on May 7 to keep the federal rates unchanged. 

This will likely result in short-term volatility spikes in the crypto market. However, once the market regains clarity, Dogecoin could regain strength.

DogeOS Funding Spurs Bullish Sentiment

Recently, DogeOS has gained funding of $6.9 million from Polychain. With the recent funding to DogeOS, the sentiment around the meme coin is surging back. 

Historically, Dogecoin price trends reflect short-term spikes aligning with sentimental surges. Hence, this recent funding could help Dogecoin reach the $0.20 mark.

Short Liquidation Risks and Dogecoin Open Interest Rises

As Dogecoin gradually gains strength, the derivatives market is growing bullish on the meme coin. The DOGE open interest has increased by 1.45% to reach $1.69 billion. This reflects the increased traders’ interest in Dogecoin. 

Furthermore, the open interest has increased to 0.0071%, signaling increased bullish sentiments. As bulls gradually dominate the derivatives field, the short liquidation risk grows in Dogecoin. 

As per the DOGE exchange liquidation map, the meme coin could witness a massive short liquidation of $10.96 million if Dogecoin reaches $0.1755. This could pump the Dogecoin price and increase the risk of a $13.65 million liquidation at $0.1761.

The post Here’s Why Dogecoin Price Could Surpass $0.20 This Week appeared first on CoinGape.

The post Bitcoin Price Hits $97K: Can It Break $100K Before FOMC Announcement? appeared first on Coinpedia Fintech News

Today, the crypto market is expected to be highly volatile as all eyes turn to the U.S. Federal Reserve’s upcoming policy decision. The Federal Open Market Committee (FOMC) is holding its scheduled meeting on May 6–7 to assess the economic outlook and understand the future of U.S. interest rates. The FOMC, led by Chair Jerome Powell

Jerome Powell

Jerome Hayden “Jay” Powell is an American attorney and investment banker who has served since 2018 as the 16th chair of the Federal Reserve

Finance

will announce its decision at 2 PM Eastern Time on May 7 (11:30 PM IST).

Initially, there were expectations of a full percentage point of cuts due to concerns over Trump tariffs. But now they expect a smaller 0.75% cut for the year. Powell has repeatedly said that the Fed needs to wait for clarity on Trump’s policies before making any decision. 

Some analysts also believe the Fed could signal the end of Quantitative Tightening (QT), a policy that has been draining liquidity from markets since 2022. Treasury Secretary Scott Bessent will meet Chinese officials in Switzerland this weekend to discuss any possible tariff changes.

As the US and China are looking to ease the ongoing trade tensions, Bitcoin has already started climbing again, reaching around $97,000, and many altcoins are turning green as traders prepare for possible positive news. Although Bitcoin dominance remains high—now above 65%, this could shift soon, opening the door for altcoin season.

• Also Read :
•   Metaplanet Acquires Additional 555 BTC After Raising $25M via Zero-Coupon Bonds
•   ,

Bitcoin Price Prediction Today:

Bitcoin is showing signs of recovery, and the price is now approaching a resistance zone between $96,100 and $97,400. If Bitcoin can hold above $95,300, the upward trend could continue, possibly forming a stronger move higher.

So far, the current bounce is looking good, but it’s too early to confirm a full trend reversal. A pullback could still happen, and how the price reacts next will help confirm whether this recovery continues or if more downside is coming.

The post Bitcoin Price Hits $97K: Can It Break $100K Before FOMC Announcement? appeared first on Coinpedia Fintech News
Today, the crypto market is expected to be highly volatile as all eyes turn to the U.S. Federal Reserve’s upcoming policy decision. The Federal Open Market Committee (FOMC) is holding its scheduled meeting on May 6–7 to assess the economic outlook and understand the future of U.S. interest rates. The FOMC, led by Chair will …

The post Bhutan Goes Crypto: Launches World’s First National Tourism Payment System appeared first on Coinpedia Fintech News

Bhutan has partnered with Binance Pay and local digital bank DK Bank to launch the world’s first national cryptocurrency-based tourism payment system. This new system lets travelers using Binance Pay pay for almost every part of their trip, from hotels to restaurants, using crypto. It’s a bold move that positions Bhutan as a leader in digital finance innovation, making travel more seamless for tech-savvy tourists while boosting the nation’s appeal as a forward-thinking destination.

The post Bhutan Goes Crypto: Launches World’s First National Tourism Payment System appeared first on Coinpedia Fintech News
Bhutan has partnered with Binance Pay and local digital bank DK Bank to launch the world’s first national cryptocurrency-based tourism payment system. This new system lets travelers using Binance Pay pay for almost every part of their trip, from hotels to restaurants, using crypto. It’s a bold move that positions Bhutan as a leader in …

The post Metaplanet Increases Bitcoin Holdings with $53M Purchase appeared first on Coinpedia Fintech News

On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the company. With this purchase, Metaplanet now holds 5,555 BTC, acquired for a total of around $481.5 million at an average price of $86,672 per Bitcoin, reflecting solid strategic planning. Contine To Read

The post Metaplanet Increases Bitcoin Holdings with $53M Purchase appeared first on Coinpedia Fintech News
On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the …

The post Why Is Crypto Up Today? Bitcoin Breaks $97K Amid U.S. Tariff Shift appeared first on Coinpedia Fintech News

The crypto market is witnessing a powerful breakout as Bitcoin crosses the $97,000 mark, fueling a broad-based rally across digital assets. In the past 24 hours, the global crypto market cap surged by 1.64% to $2.98 trillion, driven primarily by bullish momentum in Bitcoin and Ethereum.

Bitcoin exploded by over $3,500 within hours to hit $97,469, triggering $55 million in short liquidations. The surge was backed by $24.27 billion in trading volume, with Bitcoin now commanding 64% of the total market dominance. Its Relative Strength Index (RSI) remains at a healthy 66, indicating strong buyer interest without entering overbought territory.

Why Crypto is Surging?

One major catalyst is the renewed optimism over global trade. The U.S. government announced it is restarting trade negotiations with 18 countries—excluding China. Treasury Secretary Scott Bessent confirmed the move, which markets interpreted as a step toward easing economic tensions. The update sparked a short-lived risk rally, contributing to Bitcoin’s squeeze higher.

This tariff news indicates a potential shift in U.S. trade policy under Donald Trump’s influence, as he continues pushing for lower interest rates and friendlier economic terms.

Government Adoption Boosts Sentiment

Institutional interest hit a new high as New Hampshire became the first U.S. state to approve crypto investments for its treasury. Governor Kelly Ayotte signed a bill allowing the state to allocate funds to top-tier digital assets like Bitcoin, marking a new era of state-level crypto adoption.

Adding to the bullish tone, Binance founder CZ predicted Bitcoin could hit $500K to $1M this cycle. He cited growing ETF flows, government accumulation, and sovereign adoption by countries like El Salvador and Bhutan as reasons for the upside potential.

• Also Read :
•   Robert Kiyosaki Says Bitcoin Is the Better Investment Not Gold or Silver
•   ,

Altcoins and Meme Coins Ride the Wave

While Bitcoin leads the charge, altcoins are tagging along:

• Ethereum rose 1.02% to $1,824
• Solana added 0.90% to $145.67
• BNB gained 0.58% to reach $602.30
• XRP stood out with a 1.44% daily jump and 4.46% weekly rise

Smaller-cap tokens like LAYER and ALPACA saw explosive 30% gains, while meme coins such as GORK and Fartcoin posted eye-catching spikes on decentralized platforms.

Market Outlook: Will the Rally Hold?

Total crypto trading volume surged 27.35% to $81.48 billion, indicating renewed market participation despite macro uncertainty. All eyes are now on the upcoming Federal Reserve rate decision, with a 97% probability of no change according to the CME FedWatch Tool.While altseason remains muted—measured by an index score of just 24/100—Bitcoin’s rally toward the $100K psychological mark could be the ignition point.

The post Why Is Crypto Up Today? Bitcoin Breaks $97K Amid U.S. Tariff Shift appeared first on Coinpedia Fintech News
The crypto market is witnessing a powerful breakout as Bitcoin crosses the $97,000 mark, fueling a broad-based rally across digital assets. In the past 24 hours, the global crypto market cap surged by 1.64% to $2.98 trillion, driven primarily by bullish momentum in Bitcoin and Ethereum. Bitcoin exploded by over $3,500 within hours to hit …

The post Arizona’s Bitcoin Reserve Bill Moves Forward appeared first on Coinpedia Fintech News

Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now rests with the governor, and the outcome will determine Arizona’s next move in its Bitcoin reserve strategy.

The post Arizona’s Bitcoin Reserve Bill Moves Forward appeared first on Coinpedia Fintech News
Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now …